Ke Ji Ri Bao·2025-10-14 05:07Core Insights - Shanghai is establishing itself as a global hub for biopharmaceutical innovation, with significant contributions in innovative drug and medical device development, accounting for 35% of the country's overseas licensing of innovative drugs [1][3] - The 2025 Shanghai International Biopharmaceutical Industry Week serves as a high-level platform for showcasing cutting-edge medical technologies and innovations, while also providing insights into the dynamics of Shanghai's biopharmaceutical industry [1][3] Industry Development - During the 14th Five-Year Plan period, Shanghai's biopharmaceutical sector has seen six research projects featured on the covers of top global academic journals, with a notable increase in research output in leading medical journals from 24 articles in 2021 to 52 articles in 2024, totaling 127 articles [3] - Shanghai aims to become a friendly city for global innovative drug and medical device development, with the establishment of a research and evaluation base for technical trade measures in the biopharmaceutical sector, which will help navigate international compliance challenges [3][4] Policy Support - In response to the growing demand for international expansion, Shanghai's government introduced policies in July 2024 to support the entire innovation chain of the biopharmaceutical industry, particularly focusing on facilitating the overseas licensing of innovative drugs [4] - Companies like Fuhong Hanlin have benefited from these policies, achieving EU market approval for their products and establishing a comprehensive system for clinical development and regulatory communication [4] Globalization Strategy - Local companies are increasingly viewing Shanghai as a strategic hub for research, production, and investment, while multinational corporations are deepening their involvement in the global innovation network [5] - The implementation of the drug marketing authorization holder system in Shanghai has encouraged global companies like Flextronics to establish production lines in the region, enhancing local manufacturing capabilities [5] High-End Medical Device Sector - Shanghai has launched an action plan to promote the development of the high-end medical device industry, with the establishment of three industrial clusters in Pudong, Minhang, and Jiading districts [6] - The focus is on reducing innovation costs and streamlining the innovation chain, creating a robust ecosystem that supports the transition from laboratory research to global market entry [6]